All those Billions going to Iraq? Gone...

[Ksec]

This is just mind boggling.


Iraq rebuilding under threat as US runs out of money
http://www.guardian.co.uk/international/story/0,3604,1566019,00.html
Rory Carroll in Baghdad and Julian Borger in Washington
Friday September 9, 2005
The Guardian


Key rebuilding projects in Iraq are grinding to a halt because American money is running out and security has diverted funds intended for electricity, water and sanitation, according to US officials.
Plans to overhaul the country's infrastructure have been downsized, postponed or abandoned because the $24bn (£13bn) budget approved by Congress has been dwarfed by the scale of the task.
senior state department adviser on Iraq, told a congressional committee in Washington, in remarks quoted by the Los Angeles Times. "We do not have the money."

"We have scaled back our projects in many areas," James Jeffrey, a